Signal Oil & Gas Co. v. United States

DENMAN, Circuit Judge.

This is an appeal from a judgment against appellant Signal Oil and Gas Company, a Delaware corporation, transferee, after two intervening transfers, of all the assets of Signal Gasoline Company, a California corporation, hereafter called Company A, for appellant’s transferee liability (1) for a deficiency in Company A’s income taxes for the calendar year 1923 and (2) for such a deficiency for a portion of the year 1924, and (3) against appellant, a second transferee, of all the assets of Signal Gasoline Corporation, a California corporation, hereafter called Company B,…